bbbiz
Big Neon Aims to Link Brands and Indie Venues With New Sponsorship Venture
Ticketfly co-founder Dan Teree and former Ticketfly executive and business parter Ryan O’Connor have launched a new initiative to link brands with music clubs looking to diversify their revenue streams. The Big Neon Network is a new offering from event ticketing platform Big Neon. It is being made available to both ticketing clients and non-ticketing clients who are looking to participate in brand deals, which will be brokered by Big Neon in exchange for exclusive access to the venue’s advertising inventory. For clients, this will create a new way to generate income both during and after the pandemic. {“nid”:”8487880″,”type”:”post”,”title”:”Ticketfly Founder Dan Teree Launches Big Neon to Compete With Eventbrite ...
Round Hill Shares Slightly Up on First Day of Trading — What Happens Next?
Round Hill Music Royalty Fund’s initial public offering fell short of its $375 million target (it raised $282 million at $1 per share), which had been earmarked to buy a catalog of song publishing valued at $363 million — but there are contingency plans. According to its Oct. 19 prospectus, the publishing company anticipated the possibility of a gap and planned alternate options, including buying just a portion of the planned catalog acquisition instead of the whole thing. What’s more, Round Hill now has until Oct. 18, 2021, to issue the 83 million remaining shares, should market conditions support further fundraising toward the $375 million target, according to another contingency provision in the prospectus. {“nid”:”9482919″,”type”:”p...
Capitol Music Group Chairman/CEO Steve Barnett Announces Retirement, Taps New Leadership Team
Capitol Music Group chairman/CEO Steve Barnett has announced his retirement, effective Dec. 31, 2020, the company announced today (Nov. 5). Barnett, a 50-year veteran of the music business, had spent the past eight years at the helm of the Universal Music Group-owned company, which he joined in 2012 after a stint as chairman of Columbia. As part of the announcement, Barnett announced that current Capitol Records president Jeff Vaughn and current Capitol Music Group COO Michele Jubelirer will take over atop the company. Vaughn will serve as chairman/CEO of CMG, while Jubelirer will become president/COO of CMG. “This has been an incredible journey, and I’ve been tremendously fortunate to work with such amazing people along the way,” Barnett said in a statement. “I am indebted to ...
The Players Behind Ariana Grande’s ‘Positions’: See the Full Credits
Artists:Main Artist – Ariana Grande Songwriters:Composer Lyricist – Angelina BarrettComposer Lyricist – Ariana GrandeComposer Lyricist – Brian Vincent BatesComposer Lyricist – James JarvisComposer Lyricist – London HolmesComposer Lyricist – Nija CharlesComposer Lyricist – Steven FranksComposer Lyricist – Tommy Brown Vocal Arranger – Ariana Grande Producers:Producer – London On Da TrackProducer – Mr. FranksProducer – Tommy Brown Production Team:Vocal Producer – Ariana Grande Engineers:Engineer – Ariana GrandeEngineer – Billy Hickey Mastering Engineer – Randy Merrill Mixer – Serban Ghenea Performers: Background Vocalist – Ariana Grande Guitar – James Jarvis Other Contr...
Top Music Execs & Their Employees Aren’t Donating to the Same Political Candidates
“I don’t love that [Phil] supports all these right wing causes, but his political beliefs are so far detached from the work we do and our company values,” explains one high ranking executive, who notes that despite being very conservative, Anschutz supports LGBT causes and has given millions to groups some describe as being left of center. Employees at Liberty Media, which owns SiriusXM, Pandora and a 35% stake in Live Nation, for the first time ever have given more money to Democratic candidates than Republican ones. In 2020, individuals at the company gave $209,374 to Democrats and $92,485 to Republicans — more than a 2-1 margin. Back in 2016, Democrats only received $134,636 while $385,700 was spent on Republican candidates, while in 2012, only $12,500 was spent on Democrats with ...
The Players Behind Gabby Barrett’s ‘I Hope’ (feat. Charlie Puth): See the Full Credits
ArtistsMain Artist – Gabby BarrettFeatured Artist – Charlie Puth Songwriters:Writer – Charlie PuthWriter – Gabby BarrettWriter – Jon NiteWriter – Zach Kale Producers:Producer – Ross CoppermanProducer – Zach Kale Production Team:Assistant Production – Scott Johnson Programmer – Zach Kale Engineers:Assistant Mixer – Jeremie InhaberAssistant Mixer – Robin Florent Digital Editor – Daniel RossDigital Editor – Ross CoppermanDigital Editor – Trey KellerDigital Editor – Zach Kale Masterer – Michelle Mancini Mixer – Manny Marroquin Mixing Engineer – Chris Galland Recorded By – Ross CoppermanR...
What’s Really Going On With Q Prime, Ron Burkle & Red Hot Chili Peppers
Hits retracted its story on Wednesday, saying, “The fact is, we fucked up. We apologize to Red Hot Chili Peppers, Eric [Greenspan, the band’s lawyer] and Guy O for any disruption we’ve caused.” Here’s what really happened: Earlier this month, a well known promoter introduced Burkle to Q Prime founders Cliff Burnstein and Peter Mensch, as Burkle explores buying several management firms during the pandemic and folding them into a larger management group company, similar to Live Nation-backed firm Maverick. They discussed a deal, but no numbers were finalized and there was no formal offer on the table. Then the Chili Peppers told Mensch they were taking management inhouse, difficult news for the band’s manager of 20 years. “The article [that followed] was like a double gut punch” says o...
YouTube Reports Revenue Up 32%, Paid Music & Premium Subscribers Top 30M
CFO Ruth Porat acknowledged the increase in advertiser spend for Alphabet’s Search and YouTube groups in a statement. Alphabet does not break out YouTube’s non-advertising revenue, which comes from subscriptions and other entertainment transactions, like movie rentals. Those revenues are reported as part of the “Google other revenues” line item, which contributed $5.5 billion during the period. Alphabet began disclosing YouTube revenue in February of this year when it announced that the world’s largest ad-supported video platform had brought in $15 billion in advertising in 2019. The company also shared updated subscriber figures for its music and premium services, now topping 30 million paying customers and 35 including those on free trials. A version of this...
iHeartMedia to Acquire Voxnest, Its Latest Bet on Podcasting
Like Spotify’s two-pronged approach to podcasting, a mix of acquisitions and original content, iHeartMedia has actively improved its stature in the format. Among the U.S. audience, as of September, iHeartMedia narrowly ranked second behind NPR, 26.05 million to 25.98 million, according to podcast analytics company Podtrac. iHeartMedia produces such popular podcasts as Stuff You Should Know, Crime Stories With Nancy Grace, Paper Ghosts and Dead Ass With Khadeen and Devale Ellis. iHeartMedia certainly needs a boost in 2020. Digital advertising accounted for about one-fifth of iHeartMedia’s second quarter revenue, from April to June. Broadcast radio sales, half of total revenues, fell 56.5% compared to the same period last year from $561.1 million to $244 million. But podcasting revenue grew ...
Yandel & Rapeton Founder El Guru Launch New Artist Development Venture
“I’ve been following Angel’s growth for several years,” says Yandel, whose real name is Llandel Veguilla. “I think he’s a natural A&R who truly wants to help new artists. I’m 100% convinced that with my record label, I can contribute to grow this Rapeton Approved, an idea Angel has been working on since 2016.” Y Entertainment already has producers and artists signed to its roster, including Catalyna, Nesty and Izzy Guerra. However, the new Rapetón Approved will start from scratch in its search for talent, says Yandel’s manager, Andy Martínez, who helped piece the deal together. Likewise, Rapetón will continue to function as it normally does, focused on covering the world of Latin urban music in general and the reggaeton in particular, where Guru is a widely respected fixture with a You...
Metallica, My Chemical Romance to Headline Expanded 2021 Aftershock Festival
Aftershock 2021 will be headlined by Metallica (performing two different sets, one on Friday and one on Sunday) and My Chemical Romance (Saturday), who were both confirmed for the sold-out 2020 event. The 2021 lineup will also include Limp Bizkit, Rancid, The Offspring, Social Distortion, Rise Against, Volbeat, Machine Gun Kelly, Mastodon, Gojira, SEETHER, Parkway Drive and many more. “We can’t wait to play at Aftershock 2021 with our Bay Area brothers Metallica,” Rancid said in a statement. “We first played with them on the Lollapalooza tour in 1996 along with the Ramones and later down the road we toured across South America together. It’s gonna be wild, see ya in the pit!” In 2019, Aftershock celebrated its biggest-ever year with 97,500 in attendance during the sold-out...
Strictly Discs in Wisconsin, in a Pandemic: ‘Everybody’s on the Extreme End of Being Tired’
How did Record Store Day go on Saturday? It went really well. The same sort of pattern that we had with the first date worked well and seamlessly, and people were happy. And we did a give away five cases of New Belgium beer, [which] made people happy as well. What were some of your big sellers? Brandi Carlile is this year’s Record Store Day ambassador, and she had a 12-inch that had two covers of Soundgarden songs. That was a really big seller for us. The Bill Evans was a big seller. There was the release by the Yardbirds that did really well. One of the last times we spoke, we talked about how we couldn’t see businesses including retail getting shut down again given that people are so used to having more freedom now. But Wisconsin is becoming a really big hotspot for the ...
